Monday, January 31, 2011
Sunday, January 30, 2011
Decreasing Instability via a Stronger USD
http://www.zerohedge.com/article/citigroup-last-recourse-against-runaway-inflation-commensurately-greater-jump-dollar
Saturday, January 29, 2011
Weekly EXK Turning Down by Equivolume
EXK is almost in Stage 4 on the weekly chart (i.e. a drop below the 30 week MA).
Weekly Renkos for 2x ETFs
Weekly Renko is Bullish on the USD (UUP) and Bearish on: the Euro (EUO), Gold(UGL) and Long Term Bonds(TMV).
China Implodes and the US Economy Rules
http://themarketoracle.blogspot.com/2011/01/us-economy-and-stock-market-will-sky.html
Effect(s) of a Rising & Falling US Dollar
During the past 3 years, the USD & Commodities were inverse performers. US bond and equity action seemed independent of the USD. During two instances a reversal in the dollar did not influence the TMV trend (3/09 & 11/10). The $USD:$CRB chart suggests that TMV is still in an uptrend. A possible outcome scenario is depicted in the 1st and 3rd (combo) charts. (Note: the large green arrow outined in red signifies a rising USD with falling bonds & commodities).
Friday, January 28, 2011
Thursday, January 27, 2011
IWM, UUP, TBT Hunch
Hunch: US dollar rises, long term bonds fall and stock market can do what it wants.
ZSL Small Morning Tail
ZSL has been in an uptrend. It went down at the open to form a small tail and then rocketed up in the direction of the prevailing trend. The SMT bar supports further upside movement.
Rufous-tailed Hummingbird, one morning at Arenal Volcano, Costa Rica, 12/10.
ZSL Targets
Targets based on prior $Silver post, Springheel Jack's Head & Shoulders patterns and Carl Futia's say-so...
Crescent #1286 Mercedes-Benz W196 racer
Silver: Weekly CCI/Daily MA(200) Pullback Target
In early 2004, early 2008 and late 2009, silver prices peaked between 30% to 51% above the 200 Daily MA. During each period the silver price and weekly CCI dropped to 30. Silver then transiently went up in 2 of 3 instances (early 2008 and late 2009). During the 3 periods silver prices ultimately fell to the 200 day moving average (apex of red triangles).
Lincoln White Metal LWV003 BLUEBIRD RECORD CAR
Wednesday, January 26, 2011
Two Day Flip for TMV. Expect more upward action.
See prior TMV post re: 2DF's. Stopping Volume and Falling Pressures are shown.
Flipped Skeeter.
Silver Update Links
http://www.laidtrades.com/2011/01/26/technical-update-on-silver/
http://www.tischendorf.com/2011/01/26/aumn-golden-minerals-wait-for-clear-reversal-candles-in-silver-mining-stocks/
These are two excellent blogs. ZSL may pull back this morning. ?Buy on pullback if no large volume shooting star candle?
Milton Bradley Star Bird...
Tuesday, January 25, 2011
TMV 2-Day Flips (2-DF)
From John Hill's Book (e.g. a strong thrust bar in up direction followed by a lower open the next morning with a sell off all day. Both bars should have above average ranges. 2-DFs can occur at the beginning or within equivolume consolidative boxes.
TMV: Majored in Math, but still can't count...
Lifted the first chart from Supercycles blog, who labeled as the end of 2008 as the end of the Bond Bull Market. Last December, Tony Caldaro had a different view, bringing the Bond Rally out until 2015 (see: http://caldaro.wordpress.com/2010/12/16/us-govt-bonds/). Nonetheless, the 2nd chart was lifted from MTU. Embellished the chart with waves (used his blue labels). The 4th chart (TMV) puts wave [iv]-3-1-V in the equivolume consolidative box (that makes sense...).
Nintendo Wavebird pic.
Euro Watch
EUO still in Stage 1 on Weekly chart. It needs to definitively break through the 30 week MA. Downside target may have been reached based on Measuring Gap. EUO needs to break up through blue falling wedge with concordant CCI rise to above 100. The latter would be associated with an equivolume box breakout.
Vanderbilt Tower Lighthouse, New Dorp, Staten Island, way back when...
Monday, January 24, 2011
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